8874(2)

Computer/Computer Peripheral Equip Mfg

Classification Code

8874(2)

Latest Pure Premium Rate
$0.08
Pure Premium Rate Effective Date
Industry Group

Phraseology

COMPUTER OR COMPUTER PERIPHERAL EQUIPMENT MFG. – hardware or software design or development – including Clerical Office Employees, Clerical Telecommuter Employees and Outside Salespersons – N.O.C.

The entire remuneration of each employee shall be included, subject to a maximum of $154,700 per year. When the policy is in force for less than a 12-month period, the maximum payroll amount shall be prorated based upon the number of weeks in the policy period.

Footnote

This classification applies to employees engaged exclusively in hardware or software design or development, computer aided design, or clerical or outside sales operations in connection with the employer’s computer or computer peripheral equipment manufacturing operations.

This classification does not apply to employees engaged in the manufacture, assembly, repair, testing or otherwise handling of computer hardware, computer peripheral equipment or prototypes in connection with the employer’s manufacturing operations.

Also refer to companion Classification 3681(2), Computer or Computer Peripheral Equipment Mfg.

Approved Pure Premium Rates

Effective Date Pure Premium Rate Note
$0.08 New/Renewal
$0.11 New/Renewal

Previous Phraseology and Footnote

Effective Date

Phraseology:

COMPUTER OR COMPUTER PERIPHERAL EQUIPMENT MFG. – hardware or software design or development – including Clerical Office Employees, Clerical Telecommuter Employees and Outside Salespersons – N.O.C.

The entire remuneration of each employee shall be included, subject to a maximum of $149,500 per year. When the policy is in force for less than a 12-month period, the maximum payroll amount shall be prorated based upon the number of weeks in the policy period.

Footnote:

This classification applies to employees engaged exclusively in hardware or software design or development, computer aided design, or clerical or outside sales operations in connection with the employer’s computer or computer peripheral equipment manufacturing operations.

This classification does not apply to employees engaged in the manufacture, assembly, repair, testing or otherwise handling of computer hardware, computer peripheral equipment or prototypes in connection with the employer’s manufacturing operations.

Also refer to companion Classification 3681(2), Computer or Computer Peripheral Equipment Mfg.